Cash Return On Invested Capital %, 1 Year Ago

What is the definition of CROIC % 1y Ago?

Cash Return On Invested Capital (CROIC or CROCI) measures how much cash a company generate based on each dollar it invests into its operations. It is similar to ROIC but focuses on cash, rather than profits. CROIC = Free Cash Flow divided by Invested Capital. The higher the CROIC, the better and a CROIC above 10% is usually regarded as good.